Verso Corporation Names Brian D. Cullen Senior Vice President and Chief Financial Officer

"I am very pleased to have someone of Brian's caliber join Verso's leadership team and serve in this critical role for our company," said President and Chief Executive Officer Randy Nebel. "His operating finance proficiency and experience combined with his strong strategic thinking and leadership skills will be extremely beneficial to Verso as we continue to strengthen our position as a leader in the paper industry."

Mr. Cullen has over 20 years of broad financial and strategic leadership experience, with the majority of his career holding executive and senior leadership roles at Fortune 500 companies, including McDonald's Corporation and The Procter & Gamble Co. Prior to joining Verso he served as US Vice President of Finance and Controller for McDonald's Corporation. Mr. Cullen holds a B.B.A. in Finance with accounting concentration from The University of Notre Dame in Indiana.

Mr. Cullen will succeed Allen J. Campbell who will retire from Verso effective June 30, 2021. Mr. Campbell will remain with Verso through the remainder of June to assist with the transition to Mr. Cullen.

"On behalf of our Board and leadership team, I would like to thank Allen for his leadership and significant contributions to Verso's success and congratulate him on his retirement," said Nebel. "Additionally, I appreciate Allen's preparedness and commitment to help transition this role to Brian prior to his departure."